BSE IT

The US Supreme Court is likely to deliver its verdict around 8.30 pm IST on petitions challenging the legality of the trade tariffs imposed by the Donald Trump administration on key trading partners.

The court did not issue a ruling last Friday, January 9, on cases questioning whether the president exceeded his authority while imposing the global tariff measures.

Market participants said Indian equities could see a short-term relief rally if the court strikes down the tariffs, though the longer-term impact is expected to be limited.

Ajit Mishra, senior vice-president (research) at Religare Broking Ltd, said a ruling against the tariffs could ease uncertainty but may not change the broader outlook.

"If the Court strikes down the tariffs as exceeding presidential authority, it could reduce trade policy uncertainty and provide a short-term uplift in risk appetite and FII flows into Indian equities, particularly export-linked and broader cyclicals. However, the longer-term impact may be muted, as the administration retains alternative avenues to impose levies and underlying trade tensions persist, meaning tariff risk isn’t fully eliminated. Select sectors, especially export-oriented midcaps, could see relief, but core earnings and domestic macro drivers will continue to dominate market direction," Mishra said.

On April 2 last year, Trump imposed tariffs ranging between 10-50 percent on most major economies. The move was challenged in court on the grounds that it exceeded presidential authority under existing US laws.

Dr Ravi Singh, chief research officer at Master Capital Services Ltd, said a ruling against the tariffs could improve sentiment but may not lead to a sustained rally.

"The Indian stock market might benefit initially from a ruling against Trump's tariff policies as it would reduce quite a bit of global uncertainty around trade policies. Any move that signals an ease in trade tensions is generally favoured by markets and a decision of this kind could increase global risk appetite and encourage FII inflows. Indian equities, which have been under pressure due to concerns over higher tariffs, export delays and capital outflows, may see a relief rally because of improved sentiment. However, while a rally is possible, it may not automatically translate into a sustained bull run. Investors are still going to keep an eye on global indicators like US interest rate expectations, oil prices, geopolitical risks and domestic earnings growth," Singh said.

The US has already imposed tariffs of up to 50 percent on India, among the highest globally, including a 25 percent levy linked to India’s purchases of Russian energy.

Nitant Darekar, research analyst at Bonanza, said the ruling was unlikely to materially alter market trends.

"Today's US Supreme Court ruling on the legality of President Trump's tariffs — imposed under IEEPA without Congressional approval — offers limited relief for Indian markets. While a decision nullifying these 10–50 percent duties on Indian goods could spark mild sentimental positivity, easing FII outflows and rupee pressure, experts remain skeptical of a sustained rally in Nifty 50. Tariffs align with Trump's core strategy, with alternative legal routes likely. Markets priced in minimal policy shifts beforehand; corporate earnings and global cues dominate. Any short-term bounce may fade without broader trade thaw," Darekar said.

Meanwhile, Trump also said any country "doing business" with Iran would face a 25 percent tariff on all trade with the United States.

"Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25 per cent on any and all business being done with the United States of America. This Order is final and conclusive," Trump said in a post on Truth Social.

Among Iran’s major trading partners are China, Turkey, India, the UAE, Pakistan and Armenia.

The announcement could impact India, which has been among Iran’s five largest trading partners in recent years.

Meanwhile, the equity benchmark indices Sensex and Nifty declined on Wednesday, extending their previous day's losses, due to weakness in IT, consumption, and select banking blue-chip stocks amid escalating geopolitical tensions.

The Sensex dropped 244.98 points, or 0.29 percent to settle at 83,382.71. During the day, it fell 442.49 points or 0.52 percent to 83,185.20. The Nifty declined 66.70 points, or 0.26 percent to 25,665.60.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

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US Supreme Court likely to rule on legality of Trump tariffs today. Here's how Indian markets could react to the verdict

The US Supreme Court is likely to deliver its verdict around 8.30 pm IST on petitions challenging the legality of the trade tariffs imposed by the Donald Trump administration on key trading partners.

The court did not issue a ruling last Friday, January 9, on cases questioning whether the president exceeded his authority while imposing the global tariff measures.

Market participants said Indian equities could see a short-term relief rally if the court strikes down the tariffs, though the longer-term impact is expected to be limited.

Ajit Mishra, senior vice-president (research) at Religare Broking Ltd, said a ruling against the tariffs could ease uncertainty but may not change the broader outlook.

&quot;If the Court strikes down the tariffs as exceeding presidential authority, it could reduce trade policy uncertainty and provide a short-term uplift in risk appetite and FII flows into Indian equities, particularly export-linked and broader cyclicals. However, the longer-term impact may be muted, as the administration retains alternative avenues to impose levies and underlying trade tensions persist, meaning tariff risk isn’t fully eliminated. Select sectors, especially export-oriented midcaps, could see relief, but core earnings and domestic macro drivers will continue to dominate market direction,&quot; Mishra said.

On April 2 last year, Trump imposed tariffs ranging between 10-50 percent on most major economies. The move was challenged in court on the grounds that it exceeded presidential authority under existing US laws.

Dr Ravi Singh, chief research officer at Master Capital Services Ltd, said a ruling against the tariffs could improve sentiment but may not lead to a sustained rally.

&quot;The Indian stock market might benefit initially from a ruling against Trump's tariff policies as it would reduce quite a bit of global uncertainty around trade policies. Any move that signals an ease in trade tensions is generally favoured by markets and a decision of this kind could increase global risk appetite and encourage FII inflows. Indian equities, which have been under pressure due to concerns over higher tariffs, export delays and capital outflows, may see a relief rally because of improved sentiment. However, while a rally is possible, it may not automatically translate into a sustained bull run. Investors are still going to keep an eye on global indicators like US interest rate expectations, oil prices, geopolitical risks and domestic earnings growth,&quot; Singh said.

The US has already imposed tariffs of up to 50 percent on India, among the highest globally, including a 25 percent levy linked to India’s purchases of Russian energy.

Nitant Darekar, research analyst at Bonanza, said the ruling was unlikely to materially alter market trends.

&quot;Today's US Supreme Court ruling on the legality of President Trump's tariffs — imposed under IEEPA without Congressional approval — offers limited relief for Indian markets. While a decision nullifying these 10–50 percent duties on Indian goods could spark mild sentimental positivity, easing FII outflows and rupee pressure, experts remain skeptical of a sustained rally in Nifty 50. Tariffs align with Trump's core strategy, with alternative legal routes likely. Markets priced in minimal policy shifts beforehand; corporate earnings and global cues dominate. Any short-term bounce may fade without broader trade thaw,&quot; Darekar said.

Meanwhile, Trump also said any country &quot;doing business&quot; with Iran would face a 25 percent tariff on all trade with the United States.

&quot;Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25 per cent on any and all business being done with the United States of America. This Order is final and conclusive,&quot; Trump said in a post on Truth Social.

Among Iran’s major trading partners are China, Turkey, India, the UAE, Pakistan and Armenia.

The announcement could impact India, which has been among Iran’s five largest trading partners in recent years.

Meanwhile, the equity benchmark indices Sensex and Nifty declined on Wednesday, extending their previous day's losses, due to weakness in IT, consumption, and select banking blue-chip stocks amid escalating geopolitical tensions.

The Sensex dropped 244.98 points, or 0.29 percent to settle at 83,382.71. During the day, it fell 442.49 points or 0.52 percent to 83,185.20. The Nifty declined 66.70 points, or 0.26 percent to 25,665.60.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex fell 244.98 points, Nifty down 66.70 points in a volatile session, Metal, PSU Bank, oil & gas sectors gained; auto, IT, realty sectors declined, Market closed on Jan 15 for Maharashtra municipal elections

* Sensex fell 244.98 points, Nifty down 66.70 points in a volatile session
* Metal, PSU Bank, oil & gas sectors gained; auto, IT, realty sectors declined
* Market closed on Jan 15 for Maharashtra municipal elections

Indian markets closed lower on January 14 amid volatility, with Sensex down 245 points and Nifty down 67 points. Losses in auto, IT, and realty stocks offset gains in metals and PSU banks. Over 150 stocks hit 52-week lows; market shut Jan 15.

shorts/business/taking-stock-sensex-slips-245-pts-nifty-below-25-700-amid-volatility-mid-smallcaps-shine

* Sensex fell 244.98 points, Nifty down 66.70 points in a volatile session
* Metal, PSU Bank, oil & gas sectors gained; auto, IT, realty sectors declined
* Market closed on Jan 15 for Maharashtra municipal elections

Indian markets ended lower in a volatile, rangebound session on January 14 as weakness in auto, IT and realty stocks offset strength in metal, PSU banking and oil &amp; gas counters. Investors stayed on the sidelines ahead of the US Supreme Court’s decision on the legality of President Donald Trump’s tariff measures.

At close, the Sensex was down 244.98 points or 0.29 percent at 83,382.71, and the Nifty was down 66.70 points or 0.26 percent at 25,665.60.

Market will remain shut on Thursday, January 15 on account of municipal corporation elections in Maharashtra.

Broader indices outperformed the main indices with BSE Midcap and smallcap indices ended in the green.

Also Read: <a href="https://www.moneycontrol.com/news/business/banks-nbfcs-eye-budget-2026-relief-on-credit-flow-taxes-and-compliance-13772097.html">Banks, NBFCs eye Budget 2026 relief on credit flow, taxes and compliance</a>

Tata Steel, NTPC, ONGC, Axis Bank, Hindalco Industries are among major gainers on the Nifty, while losers are Tata Consumer, TCS, Asian Paints, Maruti Suzuki, HUL.

On the sectoral front, metal, PSU Bank, power, oil &amp; gas index up 0.5-2%, while auto, IT, realty down 0.5-1%

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/budget-2026-markets-eye-8-10-defence-outlay-hike-but-seek-execution-momentum-not-just-allocations-13771771.html">Budget 2026: Markets eye 8-10% defence outlay hike but seek execution momentum, not just allocations</a>

In stocks, Polycab India share price declined 3% after 7.98 lakh shares (0.53% equity) change hands, Puravankara share price added 9% after Q3 collections up 22%, pre-sales rises 17%, Tata Elxsi share price fell 4% as Q3 profit declines 45%, Oswal Pumps share price rose 1% on bagging order of Rs 119.92 crore, Mini Diamonds shares gained 2.5% on domestic order win.

5paisa Capital shares added 3% despite Q3 profit decline, Railtel Corporation of India share price added 4% on order win worth Rs 15.99 crore, Union Bank of India shares gained 8% post Q3 earnings.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/traders-bet-73-odds-the-us-supreme-court-declares-trump-s-tariffs-illegal-13772867.html">Traders bet 73% odds the US Supreme Court declares Trump's tariffs illegal</a>

More than 150 stocks hit 52-week low including C. E. Info Systems, Poly Medicure, Tube Investment, Cohance Life, Godrej Properties, Whirlpool of India, Dixon Technologies, Bata India, IRCTC, Happiest Minds, ITC, Brainbees Solutions, BASF, Maharashtra Seamless, among others. <a href="https://www.moneycontrol.com/stocks/market-stats/52-week-low-bse/?indexName=BSE%20500&amp;id=12">Click to View More</a>

Outlook for January 16

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed range-bound activity. The Nifty ended 67 points lower, while the Sensex was down by 245 points. Among sectors, Metal and PSU Bank indices rallied over 2 percent, whereas the IT index lost the most, shedding over 1 percent. Technically, after a muted open, the market registered narrow-range activity. On the lower side, it found support near 25,600/83200, while intraday profit booking was seen near 25,800/83800.

We are of the view that the intraday market texture is non-directional; perhaps traders are waiting for either side to breakout. On the higher side, above 25,800/83800, the market could move up to 25,880-25,900/84000-84200. On the flip side, below 25,600/83200, selling pressure is likely to accelerate. If it falls below this level, it could retest the levels of 25,500-25,450/83000-82800.

Gaurav Garg, Lemonn Markets Desk

The benchmark indices Sensex and Nifty witnessed sharp intraday volatility on Wednesday as caution prevailed amid sustained foreign fund outflows and global tariff-related concerns. After slipping to early lows, domestic markets pared most of their losses on the back of selective value buying and traded largely flat by mid-afternoon.

The Sensex fell to a low of 83,185.20 before recovering nearly 350 points to trade at 83,505.56, down 0.15 percent, while the Nifty hovered near the 25,700 level at 25,692.30, lower by 0.16 percent. Buying interest emerged in pockets such as metals, oil and gas, and consumer durables, helping limit the downside after recent corrections.

Market sentiment remains fragile, with both indices having declined in six of the last seven sessions amid concerns over US tariff measures, geopolitical tensions and persistent foreign portfolio outflows. FPIs have sold nearly ₹16,600 crore worth of equities so far in January, following heavy outflows in 2025. Additional volatility was driven by the advancement of the weekly derivatives expiry to Wednesday, while positive cues from Asian markets provided some support.

From a technical perspective, the Nifty managed to hold above the 25,620–25,715 support zone. A sustained move above 25,715 could trigger a recovery towards 26,020, while a break below 25,600 may open the downside towards 25,300.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.

Taking Stock: Sensex slips 245 pts, Nifty below 25,700 amid volatility; mid, smallcaps shine

Indian markets ended lower in a volatile, rangebound session on January 14 as weakness in auto, IT and realty stocks offset strength in metal, PSU banking and oil &amp;amp; gas counters. Investors stayed on the sidelines ahead of the US Supreme Court’s decision on the legality of President Donald Trump’s tariff measures.

At close, the Sensex was down 244.98 points or 0.29 percent at 83,382.71, and the Nifty was down 66.70 points or 0.26 percent at 25,665.60.

Market will remain shut on Thursday, January 15 on account of municipal corporation elections in Maharashtra.

Broader indices outperformed the main indices with BSE Midcap and smallcap indices ended in the green.

Also Read: Banks, NBFCs eye Budget 2026 relief on credit flow, taxes and compliance

Tata Steel, NTPC, ONGC, Axis Bank, Hindalco Industries are among major gainers on the Nifty, while losers are Tata Consumer, TCS, Asian Paints, Maruti Suzuki, HUL.

On the sectoral front, metal, PSU Bank, power, oil &amp;amp; gas index up 0.5-2%, while auto, IT, realty down 0.5-1%

Also Read - Budget 2026: Markets eye 8-10% defence outlay hike but seek execution momentum, not just allocations

In stocks, Polycab India share price declined 3% after 7.98 lakh shares (0.53% equity) change hands, Puravankara share price added 9% after Q3 collections up 22%, pre-sales rises 17%, Tata Elxsi share price fell 4% as Q3 profit declines 45%, Oswal Pumps share price rose 1% on bagging order of Rs 119.92 crore, Mini Diamonds shares gained 2.5% on domestic order win.

5paisa Capital shares added 3% despite Q3 profit decline, Railtel Corporation of India share price added 4% on order win worth Rs 15.99 crore, Union Bank of India shares gained 8% post Q3 earnings.

Also Read - Traders bet 73% odds the US Supreme Court declares Trump's tariffs illegal

More than 150 stocks hit 52-week low including C. E. Info Systems, Poly Medicure, Tube Investment, Cohance Life, Godrej Properties, Whirlpool of India, Dixon Technologies, Bata India, IRCTC, Happiest Minds, ITC, Brainbees Solutions, BASF, Maharashtra Seamless, among others. Click to View More

Outlook for January 16

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed range-bound activity. The Nifty ended 67 points lower, while the Sensex was down by 245 points. Among sectors, Metal and PSU Bank indices rallied over 2 percent, whereas the IT index lost the most, shedding over 1 percent. Technically, after a muted open, the market registered narrow-range activity. On the lower side, it found support near 25,600/83200, while intraday profit booking was seen near 25,800/83800.

We are of the view that the intraday market texture is non-directional; perhaps traders are waiting for either side to breakout. On the higher side, above 25,800/83800, the market could move up to 25,880-25,900/84000-84200. On the flip side, below 25,600/83200, selling pressure is likely to accelerate. If it falls below this level, it could retest the levels of 25,500-25,450/83000-82800.

Gaurav Garg, Lemonn Markets Desk

The benchmark indices Sensex and Nifty witnessed sharp intraday volatility on Wednesday as caution prevailed amid sustained foreign fund outflows and global tariff-related concerns. After slipping to early lows, domestic markets pared most of their losses on the back of selective value buying and traded largely flat by mid-afternoon.

The Sensex fell to a low of 83,185.20 before recovering nearly 350 points to trade at 83,505.56, down 0.15 percent, while the Nifty hovered near the 25,700 level at 25,692.30, lower by 0.16 percent. Buying interest emerged in pockets such as metals, oil and gas, and consumer durables, helping limit the downside after recent corrections.

Market sentiment remains fragile, with both indices having declined in six of the last seven sessions amid concerns over US tariff measures, geopolitical tensions and persistent foreign portfolio outflows. FPIs have sold nearly ₹16,600 crore worth of equities so far in January, following heavy outflows in 2025. Additional volatility was driven by the advancement of the weekly derivatives expiry to Wednesday, while positive cues from Asian markets provided some support.

From a technical perspective, the Nifty managed to hold above the 25,620–25,715 support zone. A sustained move above 25,715 could trigger a recovery towards 26,020, while a break below 25,600 may open the downside towards 25,300.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.

Nifty Fails To Hold 25,700 Amid Expiry-Day Volatility; Metals Sparkle| Closing Bell Live

The benchmark indices Sensex and Nifty witnessed sharp volatility on Wednesday, with investors staying cautious amid persistent foreign fund outflows, weak global cues and uncertainties over US tariff policies.

The Sensex fell 244.98 points or 0.29 percent at 83,382.71, while the broader Nifty declined to 25,665.60, down 66.70 points or 0.26 percent.
<h3>Key factors behind market decline</h3>
1) Continued foreign fund outflows: Foreign institutional investors (FIIs) sold equities worth Rs 1,499.81 crore on Tuesday, according to exchange data. This marked the seventh consecutive session of net selling by FIIs in January so far.

Persistent foreign selling has added pressure on domestic equities, especially in large-cap stocks, dealers said.

2) Weak global cues: Asian markets were trading lower, with Shanghai’s SSE Composite index in the red. US markets ended lower overnight, while Wall Street futures were also trading in negative territory, indicating a weak start for US equities.

"Sentiment remains guarded amid ongoing geopolitical tensions, tariff-related uncertainties, persistent FII selling, and firmer crude prices. While select Asian markets are showing pockets of strength, global cues are mixed, with US indices ending overnight in the red," said Ponmudi R, CEO of Enrich Money.

3) Tariff-related concerns: Investor sentiment remained cautious ahead of the US Supreme Court’s likely ruling on January 14 on the legality of tariffs imposed by the Trump administration on trading partners. The tariffs, imposed last April, range from 10-50 percent on major economies and have been challenged in court on the grounds that they exceed presidential authority.

Adding to the unease, US President Donald Trump on Monday said countries doing business with Iran could face a 25 percent tariff on trade with the US, as Washington weighs its response to the situation in Iran.

&nbsp;
<h3>Nifty outlook</h3>
According to Anand James, Chief Market Strategist at Geojit Investments, Nifty found support in the 25,715–25,620 zone, but failed to build upward momentum.

"We will look for consistent trades above 25,715 to play upswings targeting 26,020. A break below 25,600 could bring 25,060 into focus," he said.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex settles 250 pts lower, Nifty ends below 25,700: 3 key factors behind market decline

The benchmark indices Sensex and Nifty witnessed sharp volatility on Wednesday, with investors staying cautious amid persistent foreign fund outflows, weak global cues and uncertainties over US tariff policies.

The Sensex fell 244.98 points or 0.29 percent at 83,382.71, while the broader Nifty declined to 25,665.60, down 66.70 points or 0.26 percent.
Key factors behind market decline
1) Continued foreign fund outflows: Foreign institutional investors (FIIs) sold equities worth Rs 1,499.81 crore on Tuesday, according to exchange data. This marked the seventh consecutive session of net selling by FIIs in January so far.

Persistent foreign selling has added pressure on domestic equities, especially in large-cap stocks, dealers said.

2) Weak global cues: Asian markets were trading lower, with Shanghai’s SSE Composite index in the red. US markets ended lower overnight, while Wall Street futures were also trading in negative territory, indicating a weak start for US equities.

&quot;Sentiment remains guarded amid ongoing geopolitical tensions, tariff-related uncertainties, persistent FII selling, and firmer crude prices. While select Asian markets are showing pockets of strength, global cues are mixed, with US indices ending overnight in the red,&quot; said Ponmudi R, CEO of Enrich Money.

3) Tariff-related concerns: Investor sentiment remained cautious ahead of the US Supreme Court’s likely ruling on January 14 on the legality of tariffs imposed by the Trump administration on trading partners. The tariffs, imposed last April, range from 10-50 percent on major economies and have been challenged in court on the grounds that they exceed presidential authority.

Adding to the unease, US President Donald Trump on Monday said countries doing business with Iran could face a 25 percent tariff on trade with the US, as Washington weighs its response to the situation in Iran.

&amp;nbsp;
Nifty outlook
According to Anand James, Chief Market Strategist at Geojit Investments, Nifty found support in the 25,715–25,620 zone, but failed to build upward momentum.

&quot;We will look for consistent trades above 25,715 to play upswings targeting 26,020. A break below 25,600 could bring 25,060 into focus,&quot; he said.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex and Nifty rebound from early losses despite market volatility., Value buying in metal, oil and gas, and consumer durable stocks aided recovery., Asian markets' gains and expiry-related volatility influenced domestic indices.

* Sensex and Nifty rebound from early losses despite market volatility.
* Value buying in metal, oil and gas, and consumer durable stocks aided recovery.
* Asian markets' gains and expiry-related volatility influenced domestic indices.

Sensex and Nifty saw sharp volatility amid foreign fund outflows and tariff concerns but recovered losses due to value buying in select sectors, expiry-related volatility, and positive Asian market cues. Both indices had declined in recent sessions.

shorts/business/sensex-rises-250-pts-from-days-low-nifty-above-25700-3-key-reasons-behind-market-paring-losses

* Sensex and Nifty rebound from early losses despite market volatility.
* Value buying in metal, oil and gas, and consumer durable stocks aided recovery.
* Asian markets' gains and expiry-related volatility influenced domestic indices.

The equity benchmark indices Sensex and Nifty witnessed sharp volatility on Wednesday as investors remained cautious amid continued foreign fund outflows and global tariff-related concerns.

However, domestic markets pared most of their early losses on the back of value buying in select sectors and traded flat, at arouind 2:45 p.m.

The Sensex slipped to an early low of 83,185.20 but recovered nearly 350 points from the day’s low to trade at 83,505.56, down 122.12 points or 0.15 percent. The Nifty was also trading near the 25,700-mark at 25,692.30, down 40 points or 0.16 percent.
<h3>3 key factors behind market recovery</h3>
1) Value buying: Buying interest emerged in select metal, oil and gas and consumer durable stocks.

Both benchmarks have declined in six of the past seven sessions, with the Sensex down about 2.5 percent and the Nifty lower by around 2.3 percent, amid concerns over US tariff measures, geopolitical tensions and sustained foreign fund outflows.

Foreign portfolio investors have withdrawn about Rs 16,600 crore so far in January, after record selling of nearly Rs 1.58 lakh crore in 2025.

On Tuesday, the Sensex fell 250.48 points or 0.3 percent to close at 83,627.69, while the Nifty declined 57.95 points or 0.22 percent to 25,732.30.

2) Expiry-related volatility: The BSE equity derivatives contracts weekly expiry has been advanced to January 14 from January 15 due to the Maharashtra Municipal Corporation election scheduled for Thursday. Markets typically witness heightened volatility on expiry days.

3) Positive cues from Asian markets: Asian markets were trading in the green, with South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite and Hong Kong’s Hang Seng index posting gains in early trade.
<h3>Technical view</h3>
Anand James, chief market strategist at Geojit Investments Ltd, said Nifty managed to arrest its fall near the 25,715–25,620 zone but failed to gather strong upside momentum.

He said a sustained move above 25,715 could open the way towards 26,020, while a break below 25,600 may expose the index to the 25,060 level.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex rises 350 pts from day’s low, Nifty near 25,700: 3 key reasons behind market rebound

Sensex news today: Sensex rises 350 pts from day’s low, Nifty near 25,700: 3 key reasons behind market rebound

The equity benchmark indices Sensex and Nifty witnessed sharp volatility on Wednesday as investors remained cautious amid continued foreign fund outflows and global tariff-related concerns.

However, domestic markets pared most of their early losses on the back of value buying in select sectors and traded flat, at arouind 2:45 p.m.

The Sensex slipped to an early low of 83,185.20 but recovered nearly 350 points from the day’s low to trade at 83,505.56, down 122.12 points or 0.15 percent. The Nifty was also trading near the 25,700-mark at 25,692.30, down 40 points or 0.16 percent.
3 key factors behind market recovery
1) Value buying: Buying interest emerged in select metal, oil and gas and consumer durable stocks.

Both benchmarks have declined in six of the past seven sessions, with the Sensex down about 2.5 percent and the Nifty lower by around 2.3 percent, amid concerns over US tariff measures, geopolitical tensions and sustained foreign fund outflows.

Foreign portfolio investors have withdrawn about Rs 16,600 crore so far in January, after record selling of nearly Rs 1.58 lakh crore in 2025.

On Tuesday, the Sensex fell 250.48 points or 0.3 percent to close at 83,627.69, while the Nifty declined 57.95 points or 0.22 percent to 25,732.30.

2) Expiry-related volatility: The BSE equity derivatives contracts weekly expiry has been advanced to January 14 from January 15 due to the Maharashtra Municipal Corporation election scheduled for Thursday. Markets typically witness heightened volatility on expiry days.

3) Positive cues from Asian markets: Asian markets were trading in the green, with South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite and Hong Kong’s Hang Seng index posting gains in early trade.
Technical view
Anand James, chief market strategist at Geojit Investments Ltd, said Nifty managed to arrest its fall near the 25,715–25,620 zone but failed to gather strong upside momentum.

He said a sustained move above 25,715 could open the way towards 26,020, while a break below 25,600 may expose the index to the 25,060 level.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

11 out of 17 years BSE IT has given positive returns in January.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	37,129.85	37,371.00	37,685.65	36,815.20	36,574.05	36,259.40	36,018.25
Fibonacci	37,027.52	37,158.68	37,371.00	36,815.20	36,602.88	36,471.72	36,259.40
Camarilla	36,939.65	36,990.60	37,041.54	36,815.20	36,837.75	36,786.80	36,735.86

INDEX CONTRIBUTION - BSE IT

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